GAL 1.52% 16.3¢ galileo mining ltd

Ann: Trading Halt, page-84

  1. 6,268 Posts.
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    Cool heads need to prevail. If the TH is in part to announce some Pt/Pd results for the other holes that were drilled then I am not expecting any of these to surpass the discovery hole 266 because the company has stated they prioritized 266 as it showed the best visuals. Full Stop. Now of course if these other holes do show intersections of Pd/Pt, albeit somewhat less in grade or interval then it would or could still be classified as "Material" news simply because it starts to give some scope on mineralization footprint, albeit we are still at a very early stage of drilling the Mt Thirsty Sill. So lets not let irrational exhuberance transport us to nirvana at this point of time, need to keep our feet on the ground so to speak. Over and above this, if N266 does reveal some rhodium, and / or the downhole EM highlights ongoing prospectivity, then yes, a rush of adrenalin will justifiably fuel a price rise.
 
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